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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (425468)10/13/2008 12:10:27 PM
From: Road Walker  Respond to of 1574582
 
However, I have one fundamental disagreement with him, and that's his philosophy that an economy works best when it is well-managed.

'Well policed' would be a better phrase than 'well managed'.

We can clearly see what happens when unregulated CDSs were used in place of heavily regulated insurance... a huge distortion of the market. It's the reason we have cops, the reason we have locks on our doors, the reason we have laws.



To: Tenchusatsu who wrote (425468)10/13/2008 4:17:05 PM
From: SilentZ  Read Replies (1) | Respond to of 1574582
 
>that's his philosophy that an economy works best when it is well-managed. That assumes, of course, a lot of things that hardly ever pan out in the real world, including the "all-knowing wisdom" of elected officials.

Of course, that's the same thing with business...

-Z


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